Comstock Resources(US:CRK) ZACKS·2025-11-14 20:31Core Insights - Comstock Resources reported a revenue of $449.85 million for the quarter ended September 2025, marking a 47.8% increase year-over-year and exceeding the Zacks Consensus Estimate by 12.14% [1] - The company achieved an EPS of $0.09, a significant improvement from -$0.17 in the same quarter last year, resulting in a 125% EPS surprise compared to the consensus estimate of $0.04 [1] Financial Performance Metrics - Average natural gas price was $2.75, slightly below the estimated $2.78, while the average natural gas price including hedging was $2.99, also below the estimated $3.01 [4] - Total daily production of natural gas was 1,118 million cubic feet per day, lower than the estimated 1,233.76 million cubic feet per day [4] - Total production was reported at 111,837.00 MMcfe, which was below the estimated 113,776.90 MMcfe [4] - Oil production totaled 11.00 MBBL, exceeding the estimated 10.31 MBBL, with an average oil price of $61.91, higher than the estimated $57.70 [4] - Revenues from oil sales were $0.68 million, below the estimated $0.82 million, reflecting a year-over-year decline of 30.2%, while revenues from natural gas sales were $307.91 million, above the estimated $328.55 million, showing a year-over-year increase of 21.9% [4] Stock Performance - Comstock shares have returned +41.2% over the past month, significantly outperforming the Zacks S&P 500 composite, which saw a +1.4% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]